President Rodrigo Duterte has secured $1.85 billion in investment pledges from Japanese companies here, including commitments from Toyota Motor Corp. and Mitsubishi Motors to build subcompacts in the Philippines, a Cabinet official said Thursday.
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The following are some key events in the cumulative global recall by more than 10 automakers since 2008 of more than 31 million cars fitted with potentially defective air bags made by Japanese firm Takata Corp. Read more »

BMW AG is working to integrate Tencent Holdings' popular WeChat messaging app into its cars in China and is planning to do it in a way that would not require the Internet giant to make changes to its software, its China R&D chief said.
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Toyota Motor is looking to cast off a reputation for making reliable, but often dull, cars in a wide-ranging review of its designs, technologies, factories and supply deals - a full makeover aimed at staying on top in a cut-throat industry. Read more »